History
Milestones of Walter Meier Manufacturing Europe
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09.09.09 |
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WMH Tool Group affirms its affiliation with the Walter Meier Group by changing its name to Walter Meier Manufacturing Europe/America. |
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2008 |
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The acquisition of Tool AG along with established brands Promac and Toolcraft strengthens the product range and expands the specialty distribution channels in Switzerland and France. |
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2007 |
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Focus on the two core competences of climate and manufacturing. Walter Meier celebrates its 70th anniversary. |
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2006 |
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Silvan G.-R. Meier, the third generation of the family, joins Walter Meier, thus ensuring the continuity of the Group. At the same time, it signals the start of a strategic realignment and revitalization of the Walter Meier Group. |
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2002 |
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Acquisition of Wilton in the US. The WMH Tool Group is founded through the integration of all North American companies in the Tool division in North America and Switzerland. |
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2001 |
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Acquisition of Mato, a a company trading in CNC machine tools. |
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1999 |
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Acquisition of Powermatic and Performax in North America. This further strengthens the woodworking sector. |
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1988 |
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Acquisition of JET in the woodworking and metalworking sector in North America. |
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1985 |
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Initial public offering of WMH with listing on the Swiss stock exchange. Sales: CHF 265 million, Number of employees: 1,506. |
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1980 |
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JET becomes involved in woodworking and is a pioneer in the import business with Asia. |
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1976 |
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By founding WMH Walter Meier Holding, Dr. Reto E. Meier lays the foundation for a long-term, strong growth and diversification strategy. |
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1972 |
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The second generation of the family takes over responsibility for the company under the leadership of Dr. Reto E. Meier. Sales: CHF 25 million, Number of employees: 43. |
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1970 |
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Metalworking is JETs core business in the 1970s. |
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1958 |
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American businessman Leslie P. Sussman founds a small trading company in Seattle. The JET brand is born. |
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1937 |
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Walter Meier establishes the original parent company of the present-day Group, Walter Meier Machine Tools. Still today it is the market-leading company for machine tools and tools in Switzerland. |
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